Upstream drilling news

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.

Introducing a new era of Drill Cuttings Treatment in the United Arab Emirates as TWMA begins operations at its newly constructed treatment facility in Habshan, Abu Dhabi.

The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years.

bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.

Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.

The Energy Information Administration (EIA) announced plans to modernise its core short-term forecasting system.

New wave of consolidation is coming for small- and medium- sized US shale producers.

Rex International Holding Ltd, together with its subsidiaries, is pleased to announce that its subsidiary, Jasmine Energy Ltd (JEL), has successfully raised US$25 million in senior secured bonds with a three-year tenor.

New US$27 million EPCI contract with Equinor in the Norwegian North Sea.

Equinor CEO Anders Opedal said the move aligns with expectations of continued global demand for fossil fuels.